2. (3 Points) Dixon Corporation has nexus in States X and Y. Dixon's activities for the year are summarized below. Dixon had federal taxable income of $400,000. Item Sales Property - Cost Property - A/D Payroll State X $900,000 $500,000 ($300,000) $1,000,000 State Y $600,000 $300,000 ($100,000) $1,500,000 Total $1,500,000 $ 800,000 ($400,000) $2,500,000 Determine the total income apportioned to State X assuming three-factor apportionment with double-weighted sales. For purposes of the State X property factor assume that net book value is used. 2. (3 Points) Dixon Corporation has nexus in States X and Y. Dixon's activities for the year are summarized below. Dixon had federal taxable income of $400,000. Item Sales Property - Cost Property - A/D Payroll State X $900,000 $500,000 ($300,000) $1,000,000 State Y $600,000 $300,000 ($100,000) $1,500,000 Total $1,500,000 $ 800,000 ($400,000) $2,500,000 Determine the total income apportioned to State X assuming three-factor apportionment with double-weighted sales. For purposes of the State X property factor assume that net book value is used